Thursday, February 25, 2010

Hydrogenics Awarded United Nations Industrial Development Organization Contract for six HyPM™ HD8 Fuel Cells for a Boat Project

Hydrogenics Corporation (Mississauga, Ontario), a leading developer and manufacturer of hydrogen generation and fuel cell products, announced that the company has been awarded a contract to supply the United Nations Industrial Development Organization (UNIDO) with six HyPM™ HD8 fuel cell power modules for a boat project coordinated by the International Centre for Hydrogen Energy Technologies (ICHET) in Istanbul, Turkey. Hydrogenics will also supply carbon composite hydrogen storage tanks and components, other auxiliaries and spare parts for two years of operation to ICHET, which is overseeing the integration.

This contract follows on the award in 2009 of four HyPM™ HD12 fuel cell power modules for a passenger boat application ordered by the engineering organization BELBIM A.S. for Istanbul's Municipal Transit Authority, in which UNIDO-ICHET participated as a hydrogen and fuel cell consultant.

"Hydrogenics has slowly worked to pave a presence in fuel cell powered water mobility applications, starting with our Venice water taxi project several years ago," said Daryl Wilson, President and CEO. "As in other important end markets, our efforts are now bearing fruit, and we look forward to working with ICHET on this integrated hydrogen system."

Additional information on ICHET can be found at http://www.unido-ichet.org/ichet.org/index.html.

Hydrogenics Corporation (www.hydrogenics.com) (Nasdaq:HYGS) (TSX:HYG),  is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America and Europe.

CONTACT:  Hydrogenics Corporation
          Lawrence Davis, Chief Financial Officer
          (905) 361-3633
          investors@hydrogenics.com
          Darrow Associates
          Investor Relations Contact:
          Chris Witty
          (646) 438-9385
          cwitty@darrowir.com

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